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( IRR calculation ) Determine to the nearest percent the IRR on the following projects: a . An initial outlay of $ 9 , 0

(IRR calculation) Determine to the nearest percent the IRR on the following projects:
a. An initial outlay of $9,000 resulting in a free cash flow of $4,000 at the end of year 1,$5,000 at the end year 2, and $9,000 at the end of year 3
b. An initial outlay of $9,000 resulting in a free cash flow of $9,000 at the end year 1,$5,000 at the end of year 2, and $4,000 at the end of year 3
c. An initial outlay of $9,000 resulting in a free cash flow of $4,000 at the end of years 1 through 5 and $5,000 at the end of year 6
a. What is the IRR of a project with an initial outlay of $9,000 resulting in a free cash flow of $4,000 at the end of year 1,$5,000 at the end of year 2, and $9,000 at the end of year 3?
%(Round to two decimal places.)
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